The DIFC has been luring global banks, asset and wealth managers, and hedge funds, and it is now seeing rising interest from South African entities
The New York-based private equity firm received preliminary approval for a license to operate out of the Abu Dhabi Global Market
The financial hub issued 1,271 new licences in H1 2024, a 20.5 per cent increase compared to the corresponding period a year ago
The regional office will be led by Firas Mallah, managing director and head of the Middle East
Wellington has been managing assets for clients in the Middle East and North Africa for 29 years and decided to expand into the region to support local needs
Jio Financial Services and BlackRock signed an agreement to form Jio BlackRock, an equal joint venture
The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023
US-based Lord Abbett joins more than 250 leading wealth and asset managers at DIFC
GFH Financial Group’s investment strategy in the student housing sector is focused on building a diversified portfolio that comprises top universities in the US
The Shariah-compliant lender is also continuing to look at organic and inorganic growth opportunities for its banking business
The deal reflects Mubadala Capital’s foray into the food and beverage sector, where it invested about $1.8bn in the past seven years alone
This agreement follows the Dubai government’s directive for government entities to leverage the expertise of semi-government and private organisations
In the past few years, the firm has structured and invested over $4bn of debt deals